Manchester United News 24/7Writer: Red Boy 
Date:Saturday May 29 2010
Time: 11:07AM
UK time is: 04:47:56
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United - Cash To Burn?
So far this summer we`ve been told, by several media sources, that United will only be making one more signing.
Having already signed Chris Smalling from Fulham and the young Mexican starlet Javier Hernandez, it was suspected that with the debt to be serviced there wasn`t that much left in the transfer chest.
But that doesn`t appear to be the case!
Our chief executive, David Gill, has come out with some quotes in the media this morning that suggest there are more than sufficient funds in the transfer chest to buy more than one quality player and that Sir Alex is aware of that.
Speaking about the situation, Gill has commented,
"People say Alex is saying money is there because he has to. Anyone who knows Alex knows he wouldn`t say that if he didn`t mean what he said. The money is definitely there. The financial results will show the figures are about £95 million cash."
"We are not in a situation whereby Alex is restricted in what he wants to do with the club."
"We can invest in players, the training ground and the stadium."
Ah! That`s it; one player and the rest to be invested elsewhere!
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Your Comments
I cannot believe that,I'm sorry,he is talking about £95 million,I would be surprised if we even had £30 million to spend on players but we just require 1 or 2 players and a GK for next season,so we are lucky that we don't have to spend too much.
Antriksh (abmtd)
I believe the money is there. £95m in cash and £75m of credit. The thing is, I know we wont spend it. If we spend big now, we wont be making any more big signings for a while. I think Fergie would prefer to spend a small amount on players he thinks have potential; develop them over the next 2 or 3 years; then hand the club over to a new manager with a young talented squad and a healthy transfer budget.
tuscan3000
Tuscan, would he do that at the cost of success over the next 2-3 seasons? Wouldn't that be detrimental in the long run? How large a squad of potentials is good enough i wonder?
elvido
I honestly believe we have the money and its not all talk its just who do you spend it on with all these young players coming through?
TheFamousNo7
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